B4P (Banking for People)
Mobile money / digital banking platformA mobile banking platform that converts fiat deposits into an equivalent e-currency held against the company's central bank account, which account holders spend, send or redeem from their phones or through the company's network of independent agent Xchanges.
- Mobile accounts with fiat converted to a backed e-currency
- Deposits held in an account at the central bank (narrowbank model)
- Domestic and international transfers and remittances
- Foreign exchange, savings and lending services